User 265729

Dollar Goes Down Along with Bailout Plan

thedozer, But is was all soooo easy, wasn't it? Get a home loan even though you flip burgers at McDonald's. Watch the value of your home shoot up 25 percent a year. Use that 25 percent a year to get home equity loans for your SUV, boat and whatever stupid thing you want. All makes so much sense, as long as things are going up that is. There are plenty of idiots on Wall Street AND Main Street. Let's not forget that if we assume the bad debts and every man, woman and child gets strapped with this, look at the idiot with the SUV, boat and sub-prime/ARM loan home... They took advantage of the system just as much as the Food Stamp set.